GBP/USD: Decline in the Pound can continue. Technical analysis for 15.07.2016

Forex analytics: Review and dynamicsFollowing yesterday’s decision by the Bank of England to leave interest rate unchanged at the level of 0.5%, the pair GBP/USD sharply went up reaching the level of 1.3475. However, at the closing of yesterday’s trading day the price was at the level of 1.3340. In our yesterday review it was supposed that “if the Bank of England will not raise the rate the pair can go up ...